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NAB Low Fee Card: $0 Annual Fee. Online Only

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Came across this on NAB site. Don't know if it is a good deal. Posting because it has $0 annual fee

Online only special offer: $0 annual fee. Apply by 13 January 2014

Benefits of NAB Low Fee Card

Purchase Protection Insurance.
Additional cardholder at no extra cost—you stay responsible for all use of the account.
Your choice of a MasterCard® or Visa card.
add Lost Card Cover.

Current interest rates

Purchases: 19.49% pa.
Cash advances: 21.74% pa.
Balance transfers: 4.99% pa. for up to 6 months (read more about balance transfers).

Related Stores

National Australia Bank Group (NAB)
National Australia Bank Group (NAB)

closed Comments

  • +6

    plenty of other better no annual fee cards out there, particularly the bankwest zero platinum. been my only CC for a number of years now.

  • Go to creditcardfinder.com.au and you'll find heaps more better than this

  • +1

    meh…
    Virgin Money No Annual Fee Card has 2.9% balance transfer and 18.99% p.a on purchases

    That was the first result from a google search of "no annual fee credit cards"

    Sorry, but #dealfail

    • Interesting, Virgin Money gives a free $50 eftops card on first purchase on the card of the no annual fee credit card.

  • They always have this special for "new customers" so not really a bargain as such.

  • Bankwest Zero is a far better offer. Also if you get a platinum with Bankwest to use the card overseas there is no exhange, currency or foreign transaction fee.. you just pay the exchange rate and that's it. Not sure if other banks do this but it makes the card a bargain if you set it up to not pay any interest.

  • It is definitely a counter example of what bargain is.

  • where is the bargain? this is the standard offer for new customers. and as others have said -there are plenty of better cards out there with better balance transfer rates.

  • Interest free period up to only 44 days.
    Bankwest card mentioned above is 55 days.

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